The cost of hedging foreign-exchange risk in Indian assets has surged to a two-year high, driven by increased demand and expectations of a weaker rupee. Dollar-rupee three-month offshore forward points reached levels last seen in November 2022, as investors speculate about the Reserve Bank of India loosening its grip on the currency.
Open FlipKore Foods Q3 Results 2025: Kore Foods declared their Q3 results on 07 Jan, 2025, revealing a troubling financial landscape for the company. The topline revenue remained stagnant, showing a 0% decrease year-over-year, while the losses surged by 128.09%, totaling ₹0.15 crore. In comparison to the previous quarter, the revenue also declined by 0% while losses increased significantly by 105.85%.
Open FlipTV Today Network has announced the closure of its FM radio broadcasting operations, consisting of three stations, due to the evolving dynamics of the industry. The company's shares jumped 7% after the announcement, trading at around Rs 227 apiece. The closure, pending regulatory approvals, is expected to be completed within one to six months.
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